The TTIP is under fire for a wide number of reasons. Everything from Intellectual Property Rights, GMO’s, stopping the harmful effects of fracking, ;pharmaceutical drug company monopolies and internet surveillance are major concerns for anyone living in Europe at this time of TTIP negotiations. In fact, the TTIP, or Transatlantic Trade and Investment Partnership has faced massive opposition from people all over Europe and indeed the world, including over 50,000 protesters in Germany in early 2015. Similarly, a European Anti-TTIP petition launched in 2014 gained over 1 million signatures in just two months, showing great opposition from an informed European public.
The TTIP would create loopholes that if passed, would allow forgenetically modified foods from America to flood European markets despite the EU’s current ban. The agreement would also expand fracking in Europe, compromising citizen health as well as the environment for the sake of corporate profit.
This is all achieved through something called the Investor State Dispute Settlement mechanism (ISDS), which is included in the TTIP agreement. This mechanism would allow corporations to take entire countries to ‘private international tribunals’ if they pass a law which undermines their ‘expected future profits’. This means that if GMO labeling or fracking restrictions interfere with a company’s figures, that country will be taken to a secret international court, tried and forced to compensate for their loss. In other words, the European TTIP and American TPP agreements are the end of democracy and the beginning of total corporate dominance of our planet and lives.
This post was published at The Daily Sheeple on NOVEMBER 27, 2015.
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